Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets, announces expanding its footprint into Egypt, establishing a new joint venture with LMD, Egypt’s fast-growing developer of premium-quality real estate, Invest-Gate reports.

The company aims to deliver a full range of world-class Facility Management solutions throughout the whole of Egypt.

the joint venture will provide services across Egypt through leading developers, corporate clients, a number of sectors including hospitality and retail, and LMD’s portfolio of projects. This will include international standard FM solutions for tenants and customers across all these prestigious locations.

Additionally, the agreement will leverage Imdaad’s expertise to deliver a variety of hard and soft services to enhance the quality of life for residents.

“Sustainability, consistency, and value creation are deeply woven into every aspect of our business. That is why we joined forces with Imdaad, who shares our values and commitment, to offer a package of unprecedented facility management solutions in the Egyptian market, making advantage of our excellent pool of expertise and product/service portfolios,” Amr Sultan, CEO of LMD, comments.

The joint venture is set to reduce operational costs of buildings in the long term by protecting and enhancing FM asset life.

However, Imdaad aims to employ more than 2,000 employees in Egypt by 2026 and is looking to expand further as it consolidates its position within the local market.

The key focus in the initial phase will revolve around developing engineering and soft service roles, with additional opportunities to be created in management, support services, and administrative support.